Godlike Productions - Discussion Forum
Users Online Now: 2,285 (Who's On?)Visitors Today: 350,597
Pageviews Today: 688,151Threads Today: 258Posts Today: 6,257
11:45 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Northwest Territorial Mint facing delivery problems. Another gold & silver bullion dealer in death spiral?

 
Anonymous Coward
User ID: 58886993
United States
03/31/2016 12:18 PM
Report Abusive Post
Report Copyright Violation
Northwest Territorial Mint facing delivery problems. Another gold & silver bullion dealer in death spiral?
Looks like gold & silver bullion dealer Northwest Territorial Mint is having serious delivery problems. Lots of complaints & negative reviews on BBB.org & Yelp. Looks like the same death spiral that was seen with Tulving, Discount Gold Brokers, and Bullion Direct.

================

Federal Way mint owes money to hundreds of customers

March 30, 2016

FEDERAL WAY, WASH. - The owner of a large gold and silver mint based in Federal Way admits he owes money to 100 to 200 customers all over the country.

Ross Hansen, owner of Northwest Territorial Mint, says he has not delivered products or refunded money to those customers even when they demanded it.

Northwest Territorial Mint is one of the largest private gold and silver mints in the country.

One of those unhappy customers is Kelly Clifton, who runs a small ministry in Sultan.

Clifton ordered $6,000 worth of gold bullion in February from a small inheritance. A few weeks later, while still waiting for the gold, she says she asked for a refund. The company gave her half, she says.

"The rest of it, we were told, we may get or we may not get," said Clifton.

Other customers have similar complaints.

Hansen told KING 5 he is not selling products or refunding money because he lost a $38 million defamation lawsuit in Nevada.

[link to www.king5.com]

[link to www.yelp.com]

[link to www.bbb.org]

[link to www.bbb.org]
Anonymous Coward (OP)
User ID: 58886993
United States
03/31/2016 12:30 PM
Report Abusive Post
Report Copyright Violation
Re: Northwest Territorial Mint facing delivery problems. Another gold & silver bullion dealer in death spiral?
Anyone here buy gold & silver?
Anonymous Coward
User ID: 69895416
United States
03/31/2016 12:34 PM
Report Abusive Post
Report Copyright Violation
Re: Northwest Territorial Mint facing delivery problems. Another gold & silver bullion dealer in death spiral?
I would never buy from them, the delivery horror stories have been ongoing for awhile now. APMEX is a much better place to buy.
Anonymous Coward (OP)
User ID: 58886993
United States
03/31/2016 12:37 PM
Report Abusive Post
Report Copyright Violation
Re: Northwest Territorial Mint facing delivery problems. Another gold & silver bullion dealer in death spiral?
I would never buy from them, the delivery horror stories have been ongoing for awhile now. APMEX is a much better place to buy.
 Quoting: Anonymous Coward 69895416


Yeah, I started seeing delivery complaints with Northwest Territorial Mint back in 2014.

But it looks like the final death spiral is finally here.
Anonymous Coward
User ID: 69895416
United States
03/31/2016 12:38 PM
Report Abusive Post
Report Copyright Violation
Re: Northwest Territorial Mint facing delivery problems. Another gold & silver bullion dealer in death spiral?
I would never buy from them, the delivery horror stories have been ongoing for awhile now. APMEX is a much better place to buy.
 Quoting: Anonymous Coward 69895416


Yeah, I started seeing delivery complaints with Northwest Territorial Mint back in 2014.

But it looks like the final death spiral is finally here.
 Quoting: Anonymous Coward 58886993


Indeed
Anonymous Coward (OP)
User ID: 58886993
United States
04/02/2016 01:23 AM
Report Abusive Post
Report Copyright Violation
Re: Northwest Territorial Mint facing delivery problems. Another gold & silver bullion dealer in death spiral?
Northwest Territorial Mint just filed for bankruptcy.

[link to www.seattletimes.com]
Anonymous Coward
User ID: 70661422
United States
04/02/2016 01:29 AM
Report Abusive Post
Report Copyright Violation
Re: Northwest Territorial Mint facing delivery problems. Another gold & silver bullion dealer in death spiral?
Todd Tracy, the companyís bankruptcy attorney, could not be reached late Friday.

The companyís filing says it has more than 200 unsecured creditors, and its assets and liabilities both exceed $10 million. Its biggest listed debts are a $7 million judgment in favor of the businessman, Bradley Steven Cohen, and a $5.5 million judgment in favor of his firm, Cohen Asset Management, both classified as disputed.





GLP